TIAA Institute Briefing: Financial Well-being and Literacy in the Midst of a Pandemic: Insights to Inform Solutions
April 20, 2021
Financial Wellbeing and Literacy in the Midst of a Pandemic: Insights to Inform Solutions
This year’s Personal Finance Index released by the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at George Washington University highlights the financial strains experienced by many Americans in the midst of the COVID-19 pandemic, particularly within Black communities, finding a lack of financial resilience and literacy plaguing many individuals. Key findings from the study will be discussed, including the fact that 53% of Black Americans say that the economic uncertainty created by COVID-19 has motivated them to increase their financial literacy. The time to focus on improving financial literacy is now, as Americans look ahead to life post-COVID. Join this session to explore a path forward.